Ventas, Inc. (NYSE:VTR) Shares Bought by Profund Advisors LLC

Profund Advisors LLC grew its holdings in Ventas, Inc. (NYSE:VTR) by 3.3% during the 2nd quarter, Holdings Channel reports. The firm owned 6,270 shares of the real estate investment trust’s stock after buying an additional 199 shares during the period. Profund Advisors LLC’s holdings in Ventas were worth $321,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VTR. Centersquare Investment Management LLC lifted its stake in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after buying an additional 802,546 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ventas by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock valued at $304,047,000 after acquiring an additional 96,482 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Ventas by 8.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust’s stock valued at $239,000,000 after acquiring an additional 413,564 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in Ventas during the 2nd quarter worth about $135,425,000. Finally, Canada Pension Plan Investment Board raised its stake in Ventas by 0.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust’s stock valued at $90,051,000 after purchasing an additional 7,585 shares during the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ventas

In other news, CFO Robert F. Probst sold 20,000 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $58.87, for a total value of $1,177,400.00. Following the completion of the sale, the chief financial officer now owns 156,403 shares of the company’s stock, valued at $9,207,444.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CFO Robert F. Probst sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the transaction, the chief financial officer now directly owns 156,403 shares of the company’s stock, valued at approximately $9,207,444.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the completion of the transaction, the chief executive officer now owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. The disclosure for this sale can be found here. Insiders have sold 77,065 shares of company stock valued at $4,526,464 over the last three months. 1.00% of the stock is owned by company insiders.

Ventas Stock Performance

Ventas stock opened at $63.82 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. Ventas, Inc. has a 12 month low of $39.33 and a 12 month high of $65.64. The company has a market cap of $26.37 billion, a price-to-earnings ratio of -335.88, a price-to-earnings-growth ratio of 2.83 and a beta of 1.36. The stock’s 50-day moving average is $59.58 and its 200-day moving average is $51.44.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the firm earned $0.75 earnings per share. The company’s quarterly revenue was up 8.6% on a year-over-year basis. Equities analysts anticipate that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be issued a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.82%. Ventas’s dividend payout ratio is currently -947.32%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on VTR. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Scotiabank lifted their target price on shares of Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Royal Bank of Canada increased their price target on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Wedbush lifted their price objective on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. Finally, Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Ventas currently has an average rating of “Moderate Buy” and an average target price of $58.67.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.